Crowdfunding is new and exciting, but private investment is a tried-and-true option which remains viable as ever.
Ranked in these QuestionsQuestion Ranking
Pro You only need one
A successful crowdfunding campaign requires social marketing and community management. Gaining an investor requires convincing just one person that your project is worth it.
Con Equity commitment
An investment is not a loan which can be paid off; it's a permanent piece of the action. Part of your earnings belong to the investor, indefinitely.
Con Comprehensive business plan is essential
If you can't show where the money is going and how long it's going to take to yield returns, you're not likely to get any.